Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia
LFIN55MAEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,975.00
Year-over-Year Change
-33.82%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the number of men aged 55 to 64 in Estonia who are outside the labor force, providing insights into labor market participation for this demographic.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia' series tracks the population of Estonian men between the ages of 55 and 64 who are not actively employed or seeking work. This data is valuable for analyzing labor force trends and informing policies aimed at encouraging workforce participation among older workers.
Methodology
The data is collected through labor force surveys conducted by national statistical agencies.
Historical Context
This metric is used by policymakers, labor economists, and workforce analysts to monitor employment patterns and support programs for older workers.
Key Facts
- Estonia has an aging population with a high share of older workers.
- Labor force participation rates tend to decline among men aged 55-64.
- Policies targeting older worker employment can impact this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of men aged 55 to 64 in Estonia who are outside the labor force, meaning they are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data is valuable for analyzing labor force trends and informing policies aimed at encouraging workforce participation among older workers in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, labor economists, and workforce analysts to monitor employment patterns and support programs for older workers in Estonia.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in survey coverage, as with any labor force statistics.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia (LFIN55MAEEA647N), retrieved from FRED.